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Is Ameren (AEE) Outperforming Other Utilities Stocks This Year?
AmerenAmeren(US:AEE) ZACKSยท2024-10-15 14:46

Group 1 - Ameren (AEE) is currently outperforming its peers in the Utilities sector with a year-to-date gain of approximately 20.6%, compared to the sector average of 17.3% [2] - The Zacks Consensus Estimate for AEE's full-year earnings has increased by 0.7% over the past three months, indicating improved analyst sentiment and a stronger earnings outlook [2] - Ameren holds a Zacks Rank of 2 (Buy), suggesting it has favorable characteristics to beat the market in the near term [1][2] Group 2 - Ameren is part of the Utility - Electric Power industry, which consists of 60 stocks and has achieved a year-to-date gain of about 20.5%, indicating that AEE is performing well within this group [3] - In contrast, Deutsche Telekom AG, which belongs to the Diversified Communication Services industry, has seen a year-to-date decline of -2.9% and is ranked 104 among 13 stocks in its industry [3] - Investors interested in Utilities stocks should monitor both Ameren and Deutsche Telekom AG as they continue to show solid performance [3]